Indian Restaurant Chain
Mumbai Local are a chain of Indian vegetarian restaurants with sites across some of the busiest areas of London.
Sector
Restaurant
Location
North West London
Purpose
Growth Capital
Funding required
Mumbai Local wanted to open a new site and required additional capital to fund the new lease, fixtures, fittings and working capital.
Scenario
Mumbai Local are a chain of Indian vegetarian restaurants with sites across some of the busiest areas of London.
Problem
They wanted to open a new site and required additional capital to fund the new lease, fixtures, fittings and working capital.
Solution
They therefore approached BIZL to help they source the right type of finance for their specific situation. Pratik Shah from BIZL met with the client at their premises to understand the dynamics of the business and their growth plans. He was able to work with the client and their accountant to present a compelling case to an alternative finance provider in order to structure a complete funding package.